XBBNX: BlackRock Taxable Municipal Bond Trust

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XBBNX BlackRock Taxable Municipal Bond Trust


Profile

XBBNX - Profile

Vitals

  • YTD Return 6.6%
  • 3 Yr Annualized Return 4.2%
  • 5 Yr Annualized Return 1.6%
  • Net Assets $1.46 B
  • Holdings in Top 10 31.9%

52 WEEK LOW AND HIGH

$25.89
$22.50
$25.89

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.53%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 7.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 6.6%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 6.02%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock Taxable Municipal Bond Trust
  • Fund Family Name
    BlackRock
  • Inception Date
    Aug 27, 2010
  • Shares Outstanding
    57122387
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Hayes

Fund Description

N/A


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Categories

Fund Company Quick Screens

XBBNX - Fund Company Quick Screens


Performance

XBBNX - Performance

Return Ranking - Trailing

Period XBBNX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -1.5% 8.9% 0.11%
1 Yr 14.1% -2.3% 23.6% 0.62%
3 Yr 4.2%* -2.8% 5.8% 0.89%
5 Yr 1.6%* -2.7% 12.4% 2.18%
10 Yr N/A* -5.1% 3.9% N/A

* Annualized

Return Ranking - Calendar

Period XBBNX Return Category Return Low Category Return High Rank in Category (%)
2019 8.2% -1.7% 18.3% 5.43%
2018 -6.0% -11.7% 4.6% 94.82%
2017 5.8% -4.4% 8.3% 0.94%
2016 0.9% -7.8% 7.7% 22.56%
2015 -6.9% -18.3% 3.0% 98.83%

Total Return Ranking - Trailing

Period XBBNX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -1.5% 8.9% 0.11%
1 Yr 14.1% -2.3% 23.6% 0.62%
3 Yr 4.2%* -2.8% 7.9% 1.65%
5 Yr 1.6%* -2.7% 12.4% 14.17%
10 Yr N/A* -1.4% 7.1% N/A

* Annualized

Total Return Ranking - Calendar

Period XBBNX Return Category Return Low Category Return High Rank in Category (%)
2019 8.2% -1.7% 18.3% 5.43%
2018 -6.0% -11.7% 6.5% 96.48%
2017 5.8% -4.4% 10.4% 2.18%
2016 0.9% -7.8% 10.7% 29.79%
2015 -6.9% -12.6% 4.2% 99.27%

NAV & Total Return History


Holdings

XBBNX - Holdings

Concentration Analysis

XBBNX Category Low Category High XBBNX % Rank
Net Assets 1.46 B 690 K 259 B 30.58%
Number of Holdings 207 1 17668 61.80%
Net Assets in Top 10 448 M -216 M 21.4 B 22.46%
Weighting of Top 10 31.93% 2.5% 100.0% 24.94%

Top 10 Holdings

  1. NEW JERSEY ST TPK AUTH TPK REV 7.1% 3.80%
  2. METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN CONVENTION CTR AUTH TOURIS 3.74%
  3. CHICAGO ILL WASTEWATER TRANSMISSION REV 6.9% 3.58%
  4. NEW JERSEY ST TRANSN TR FD AUTH 6.1% 3.41%
  5. ILLINOIS ST 7.35% 3.24%
  6. FRANKLIN CNTY OHIO CONVENTION FACS AUTH 6.64% 3.19%
  7. TOBACCO SETTLEMENT FIN AUTH WEST VA ASSET BACKED 7.47% 2.90%
  8. LOS ANGELES CALIF DEPT WTR & PWR REV 6.17% 2.81%
  9. TOBACCO SETTLEMENT FING CORP VA 6.71% 2.65%
  10. MUNICIPAL ELEC AUTH GA 6.64% 2.62%

Asset Allocation

Weighting Return Low Return High XBBNX % Rank
Bonds
159.74% 80.02% 159.74% 0.04%
Stocks
0.00% -0.98% 25.43% 73.46%
Preferred Stocks
0.00% 0.00% 7.43% 76.14%
Other
0.00% -8.60% 31.85% 73.68%
Convertible Bonds
0.00% 0.00% 7.23% 83.80%
Cash
-59.74% -59.74% 19.63% 100.00%

Bond Sector Breakdown

Weighting Return Low Return High XBBNX % Rank
Municipal
92.69% 0.00% 100.11% 41.31%
Corporate
6.11% 0.00% 99.62% 50.18%
Cash & Equivalents
0.68% -29.57% 21.18% 75.97%
Government
0.53% -2.21% 122.41% 55.33%
Derivative
0.00% -0.83% 22.35% 75.04%
Securitized
0.00% 0.00% 98.40% 86.09%

Bond Geographic Breakdown

Weighting Return Low Return High XBBNX % Rank
US
156.78% 58.28% 156.78% 0.04%
Non US
2.96% -12.34% 26.76% 52.65%

Expenses

XBBNX - Expenses

Operational Fees

XBBNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.53% 0.01% 38.00% 2.03%
Management Fee 0.55% 0.00% 1.10% 95.15%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

XBBNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

XBBNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XBBNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 7.00% 0.00% 489.00% 5.17%

Distributions

XBBNX - Distributions

Dividend Yield Analysis

XBBNX Category Low Category High XBBNX % Rank
Dividend Yield 0.92% 0.00% 3.18% 15.81%

Dividend Distribution Analysis

XBBNX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XBBNX Category Low Category High XBBNX % Rank
Net Income Ratio 6.02% 0.00% 6.30% 0.07%

Capital Gain Distribution Analysis

XBBNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Semi-Annually

Dividend Payout History

View More +

Fund Manager Analysis

XBBNX - Fund Manager Analysis

Managers

Peter Hayes


Start Date

Tenure

Tenure Rank

Aug 31, 2010

9.42

9.4%

Hayes is a managing director of BlackRock, Inc. Prior to joining BlackRock in 2006, he was a managing director of MLIM from 2000 to 2006 and was a first vice president of MLIM from 1997 to 2000. He has been a portfolio manager with BlackRock or MLIM since 1987.

Michael Kalinoski


Start Date

Tenure

Tenure Rank

Aug 31, 2010

9.42

9.4%

Kalinoski, director at BlackRock, joined BlackRock following the merger with Merrill Lynch Investment Managers(MLIM) in 2006. Prior to joining MLIM in 1999, he was with Strong Capital Management. Mr. Kalinoski earned a B.S. degree in accounting from Marquette University in 1992. Kalinoski holds the Chartered Financial Analyst designation.

Theodore Jaeckel


Start Date

Tenure

Tenure Rank

Aug 31, 2010

9.42

9.4%

Jaeckel Jr. is managing director at BlackRock. He joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. He is a member of BlackRock's Fixed Income Portfolio Management Group. Prior to joining MLIM in 1990, he was a municipal bond trader with Chemical Bank. Jaeckel holds the Chartered Financial Analyst designation.

Christian Romaglino


Start Date

Tenure

Tenure Rank

Jul 10, 2017

2.56

2.6%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 33.19 7.42 0.08